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redf0x1

mForex - Bollinger Bands - Pinbar scalping system

redf0x1  
Bollinger Bands (BB) scalping
1437
5
bollingerbands scalping
Transaction setup parameters
  • Time frame: M5, M15
  • Currency pair: Any except XAU/USD

Trading strategies
=== BUY ===
  • Price break out of the lower Bollinger Bands
  • The Pinbar reversal candlestick appears and closes the candle on the lower Bollinger Bands
  • Stop loss: Nearest bottom + 3-5 pips
  • Profit target: 10-20 pips

=== SELL ===
  • Price break out of the upper Bollinger Bands
  • The Pinbar reversal candle appeared and closed below the upper
  • Stop loss: Nearest peak + 3-5 pips
  • Profit target: 10-20 pips

* If you have any questions or suggestions for this strategy, feel free to ask us.
Open-source script

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Disclaimer

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